VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Shares Sold by City Center Advisors LLC

City Center Advisors LLC lowered its stake in shares of VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 41.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,493 shares of the company’s stock after selling 6,854 shares during the period. City Center Advisors LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $279,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Millennium Management LLC acquired a new position in VanEck Fallen Angel High Yield Bond ETF in the second quarter valued at $21,998,000. Strategic Financial Concepts LLC lifted its stake in shares of VanEck Fallen Angel High Yield Bond ETF by 2,993.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 557,519 shares of the company’s stock valued at $15,778,000 after purchasing an additional 539,494 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of VanEck Fallen Angel High Yield Bond ETF during the 1st quarter worth about $14,510,000. Bank of Montreal Can increased its position in VanEck Fallen Angel High Yield Bond ETF by 482.2% during the 2nd quarter. Bank of Montreal Can now owns 541,407 shares of the company’s stock worth $15,463,000 after purchasing an additional 448,415 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in VanEck Fallen Angel High Yield Bond ETF by 208.3% in the first quarter. Cetera Investment Advisers now owns 516,743 shares of the company’s stock valued at $14,996,000 after buying an additional 349,129 shares during the period.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.4 %

ANGL opened at $29.03 on Tuesday. VanEck Fallen Angel High Yield Bond ETF has a 52-week low of $26.28 and a 52-week high of $29.47. The company has a 50 day moving average of $29.07 and a two-hundred day moving average of $28.74. The company has a market cap of $3.12 billion, a P/E ratio of 0.48 and a beta of 0.52.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1501 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

VanEck Fallen Angel High Yield Bond ETF Profile

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.